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TMC Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
6.390
Open
6.350
VWAP
6.27
Vol
1.83M
Mkt Cap
2.65B
Low
6.115
Amount
11.45M
EV/EBITDA(TTM)
--
Total Shares
413.49M
EV
2.54B
EV/OCF(TTM)
--
P/S(TTM)
--
TMC the metals company Inc. is a deep-sea minerals exploration company. The Company is focused on the collection and processing of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone in the Pacific Ocean (CCZ), located approximately 1,300 nautical miles southwest of San Diego, California. The CCZ is a geological submarine fracture zone of abyssal plains and other formations in the Eastern Pacific Ocean, with a length of around 4,500 miles that spans approximately 1,737,000 square miles. These nodules contain high grades of four metals (nickel, copper, cobalt, manganese) which can be used as feedstock for battery cathode precursors (nickel, cobalt and manganese sulfates, or intermediate nickel-copper-cobalt matte) for electric vehicles (EV) and energy storage markets; copper cathode for EV wiring, energy transmission and other applications, and manganese silicate for manganese alloy production required for steel production.
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Events Timeline

(ET)
2026-03-02
09:00:00
Metals Royalty Company Files for Direct Listing on Nasdaq
select
2026-01-26 (ET)
2026-01-26
12:10:00
Metals Company Stock Down 17.3% to $7.81
select
2026-01-23 (ET)
2026-01-23
12:10:00
Metals Company Stock Rises 8.4% to $9.02
select
2026-01-23
06:20:00
NOAA Eases Deep-Sea Mining Rules, Metals Company Expands Target Area
select
link
2026-01-22 (ET)
2026-01-22
07:50:00
TMC Submits Exploration License Application for Polymetallic Nodules
select

News

stocktwits
8.5
03-11stocktwits
PinnedMetals Royalty Company Files for Nasdaq Direct Listing
  • Listing Progress: The Metals Royalty Company has filed a registration statement with the U.S. SEC for a proposed Nasdaq direct listing expected next week, which will provide liquidity and potentially boost TMC's share price.
  • Regulatory Acceleration: TMC's deep-sea mining project received key regulatory approval from NOAA, confirming its application meets the Deep Seabed Hard Mineral Resources Act requirements, covering an area of approximately 65,000 square kilometers, significantly larger than the previous 25,000 square kilometers.
  • Resource Potential: The project is estimated to contain 619 million tonnes of wet polymetallic nodules, with an additional potential exploration upside of 200 million tonnes, highlighting its strategic importance in future mineral resource development.
  • Positive Market Reaction: TMC shares rose nearly 2% to close at $6.38 on Tuesday, reflecting optimistic market sentiment regarding its future prospects, especially after analysts raised price targets to $11.75 and $12.25.
Fool
8.5
03-11Fool
TMC Receives Preliminary Approval for Deep-Sea Mining License
  • Compliance Confirmation: The National Oceanic and Atmospheric Administration (NOAA) confirmed that TMC's subsidiary, TMC USA, submitted a compliant application for an exploration license under the Deep Seabed Hard Mineral Resources Act, marking a significant step forward in the company's deep-sea mining ambitions.
  • First Application Success: This is the first time TMC has submitted such an application, and the compliance confirmation allows the company to avoid a lengthy back-and-forth process, thereby accelerating subsequent steps and boosting investor confidence.
  • Ongoing Challenges Ahead: Despite the preliminary approval, TMC faces substantial construction costs and operational complexities, particularly in the underwater mining sector, indicating that the path to success remains long and fraught with uncertainty.
  • Profitability Concerns: TMC is currently operating at a loss and is expected to continue doing so for the foreseeable future, necessitating caution among investors, especially as the company has yet to achieve sustainable profitability.
NASDAQ.COM
8.5
03-11NASDAQ.COM
TMC The Metals Company Advances with NOAA License Progress
  • License Application Progress: TMC USA's application for an exploration license and commercial recovery permit received substantial compliance confirmation from NOAA, marking a successful first step in the deep-sea mining business, although further approvals are still required.
  • First-Time Success: This is the first instance of a company submitting such an application, indicating that TMC's exploration in deep-sea mining will avoid cumbersome back-and-forth processes, thereby accelerating project progress and boosting market confidence.
  • High Cost Challenges: Despite the initial license approval, TMC faces significant mining costs and complex operational challenges, and is expected to continue incurring losses for a considerable time, posing risks for investors.
  • Cautious Investor Sentiment: Given that TMC is still in the early development stage and was not recommended by Motley Fool Stock Advisor, investors are advised to remain cautious and avoid over-investing until the company reaches more development milestones.
stocktwits
8.5
03-10stocktwits
NOAA Backs TMC's Seabed Mining Application, Stock Surges
  • Regulatory Support: The U.S. National Oceanic and Atmospheric Administration (NOAA) confirmed that TMC's seabed mining application meets key requirements of the Deep Seabed Hard Mineral Resources Act, covering an area of 65,000 square kilometers, marking a significant regulatory milestone for the company's deep-sea mining plans and is expected to drive future commercial development.
  • Stock Price Rebound: TMC shares surged over 9% on Monday to close at $6.27, ending a four-day losing streak, reflecting market optimism about the company's prospects, with analysts projecting an 80% upside potential, further boosting investor confidence.
  • Analyst Rating Upgrades: Following regulatory progress, several brokerages raised TMC's price targets, with Alliance Global increasing its target from $6.50 to $12.25 and H.C. Wainwright raising it from $7.50 to $11.75, both maintaining 'Buy' ratings, indicating strong market support for the company's deep-sea mining initiatives.
  • Positive Market Sentiment: On the Stocktwits platform, retail sentiment for TMC was 'bullish', with a 1,025% surge in message volume over 24 hours, demonstrating heightened investor interest and confidence in the company's future developments, which further propelled the stock price upward.
stocktwits
8.5
03-09stocktwits
The Metals Company Secures Deep-Sea Exploration Permit
  • Permit Application Progress: The Metals Company submitted a consolidated application under NOAA's updated deep-sea exploration regulations, covering approximately 65,000 square kilometers for exploration and commercial recovery, significantly expanding from the initial 25,000 square kilometers in April 2025, indicating enhanced future commercial potential.
  • Compliance Confirmation: NOAA stated that the company's application is in “substantial compliance” with the Deep Seabed Hard Mineral Resources Act, which not only streamlines regulatory processes but also provides a more favorable legal framework for the Metals Company in deep-sea resource development, boosting market confidence.
  • Stock Price Surge: Following the positive news regarding the permit application, shares of The Metals Company rose over 6% on Monday, reflecting investor optimism about the company's future, especially given that its stock has gained over 246% in the past year.
  • Market Sentiment Shift: On the Stocktwits platform, retail sentiment around TMC shares shifted from 'bearish' to 'bullish', with message volumes increasing from 'low' to 'normal' levels, indicating a positive outlook among investors for the coming months, potentially marking a last chance for market entry at current price levels.
Benzinga
8.5
03-09Benzinga
The Metals Company Seabed Mining Application Approved by NOAA
  • Compliance Confirmation: The National Oceanic and Atmospheric Administration (NOAA) has confirmed that The Metals Company's seabed mining application meets federal requirements, marking a significant advancement in the company's ocean resource development and paving the way for future commercial licensing and resource extraction.
  • Substantial Resource Potential: The application covers approximately 65,000 square kilometers, estimated to contain 619 million tonnes of wet nodules, with an additional potential of 200 million tonnes, highlighting the project's immense economic value and market potential.
  • Stock Price Surge: Following the announcement, The Metals Company's stock rose by 1.57%, currently trading at $5.83, reflecting market optimism regarding the company's future developments and potentially attracting more investor interest.
  • Increased Management Confidence: CEO Gerard Barron stated that NOAA's determination reflects the team's efforts in understanding and responsibly developing this resource, enhancing the company's strategic position in the seabed mineral resources sector.
Wall Street analysts forecast TMC stock price to rise
3 Analyst Rating
Wall Street analysts forecast TMC stock price to rise
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
6.50
Averages
8.33
High
11.00
Current: 0.000
sliders
Low
6.50
Averages
8.33
High
11.00
Alliance Global
Buy
maintain
AI Analysis
2026-01-23
Reason
Alliance Global
Price Target
AI Analysis
2026-01-23
maintain
Buy
Reason
Alliance Global raised the firm's price target on Metals Company to $12.25 from $6.50 and keeps a Buy rating on the shares. The company recently announced a "major permitting milestone" relating to its deep-sea mining ambitions, the analyst tells investors in a research note. The firm views regulation changes as a tailwind for Metals Company. It believes the company maintains its first-mover advantage in the deep-sea mining industry.
H.C. Wainwright
H.C. Wainwright
Buy
maintain
2026-01-23
Reason
H.C. Wainwright
H.C. Wainwright
Price Target
2026-01-23
maintain
Buy
Reason
H.C. Wainwright raised the firm's price target on Metals Company to $11.75 from $7.50 and keeps a Buy rating on the shares after the company submitted an application to the National Oceanic and Atmospheric Administration for an exploration license and a commercial recovery permit for polymetallic nodules in the Clarion Clipperton Zone. The firm believes the application is a "critical step toward further de-risking" of Metals Company's future operations.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for TMC
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Valuation Metrics

The current forward P/E ratio for TMC the metals company Inc (TMC.O) is -31.06, compared to its 5-year average forward P/E of -8.77. For a more detailed relative valuation and DCF analysis to assess TMC the metals company Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-8.77
Current PE
-31.06
Overvalued PE
-0.51
Undervalued PE
-17.03

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-12.25
Current EV/EBITDA
-37.33
Overvalued EV/EBITDA
-0.48
Undervalued EV/EBITDA
-24.01

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
3.61
Current PS
0.00
Overvalued PS
19.40
Undervalued PS
-12.18

Financials

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Whales Holding TMC

E
Encompass Capital Advisors LLC
Holding
TMC
+28.01%
3M Return

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Frequently Asked Questions

What is TMC the metals company Inc (TMC) stock price today?

The current price of TMC is 6.29 USD — it has decreased -2.02

What is TMC the metals company Inc (TMC)'s business?

TMC the metals company Inc. is a deep-sea minerals exploration company. The Company is focused on the collection and processing of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone in the Pacific Ocean (CCZ), located approximately 1,300 nautical miles southwest of San Diego, California. The CCZ is a geological submarine fracture zone of abyssal plains and other formations in the Eastern Pacific Ocean, with a length of around 4,500 miles that spans approximately 1,737,000 square miles. These nodules contain high grades of four metals (nickel, copper, cobalt, manganese) which can be used as feedstock for battery cathode precursors (nickel, cobalt and manganese sulfates, or intermediate nickel-copper-cobalt matte) for electric vehicles (EV) and energy storage markets; copper cathode for EV wiring, energy transmission and other applications, and manganese silicate for manganese alloy production required for steel production.

What is the price predicton of TMC Stock?

Wall Street analysts forecast TMC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TMC is8.33 USD with a low forecast of 6.50 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is TMC the metals company Inc (TMC)'s revenue for the last quarter?

TMC the metals company Inc revenue for the last quarter amounts to -55.36M USD, increased 177.32

What is TMC the metals company Inc (TMC)'s earnings per share (EPS) for the last quarter?

TMC the metals company Inc. EPS for the last quarter amounts to -11507000.00 USD, increased 97.24

How many employees does TMC the metals company Inc (TMC). have?

TMC the metals company Inc (TMC) has 47 emplpoyees as of March 12 2026.

What is TMC the metals company Inc (TMC) market cap?

Today TMC has the market capitalization of 2.65B USD.